State of Wyoming Grows Position in Box, Inc. $BOX

State of Wyoming raised its stake in shares of Box, Inc. (NYSE:BOX) by 526.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,644 shares of the software maker’s stock after purchasing an additional 21,553 shares during the period. State of Wyoming’s holdings in BOX were worth $606,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its holdings in shares of BOX by 15.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,511,258 shares of the software maker’s stock valued at $134,932,000 after purchasing an additional 604,946 shares during the last quarter. RGM Capital LLC increased its holdings in shares of BOX by 8.2% during the 4th quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock worth $99,605,000 after buying an additional 251,520 shares during the last quarter. Sei Investments Co. increased its holdings in shares of BOX by 2.9% during the 3rd quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock worth $107,033,000 after buying an additional 94,289 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of BOX by 823,134.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock worth $91,351,000 after buying an additional 3,053,829 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of BOX by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker’s stock worth $63,232,000 after buying an additional 13,983 shares during the period. Hedge funds and other institutional investors own 86.74% of the company’s stock.

Insider Buying and Selling at BOX

In related news, CFO Dylan C. Smith sold 23,720 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $24.96, for a total transaction of $592,051.20. Following the completion of the sale, the chief financial officer owned 1,381,049 shares of the company’s stock, valued at $34,470,983.04. This represents a 1.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Olivia Nottebohm sold 12,470 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $25.17, for a total transaction of $313,869.90. Following the completion of the transaction, the chief operating officer directly owned 558,739 shares in the company, valued at $14,063,460.63. This represents a 2.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 108,460 shares of company stock valued at $2,806,201. Corporate insiders own 3.99% of the company’s stock.

BOX Trading Up 2.6%

BOX stock opened at $29.02 on Friday. The stock’s 50 day simple moving average is $27.09 and its 200 day simple moving average is $25.54. Box, Inc. has a 12-month low of $21.34 and a 12-month high of $33.88. The firm has a market cap of $4.02 billion, a P/E ratio of 44.65, a P/E/G ratio of 9.98 and a beta of 0.74.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The firm had revenue of $305.94 million during the quarter, compared to the consensus estimate of $304.39 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. The firm’s revenue was up 10.7% on a year-over-year basis. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, research analysts forecast that Box, Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BOX has been the subject of a number of research reports. Citigroup boosted their price target on BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Weiss Ratings raised BOX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. UBS Group lifted their price objective on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Wall Street Zen cut BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, DA Davidson restated a “buy” rating and issued a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $35.33.

About BOX

Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box’s services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.

The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.